jordanmjdmary9317 jordanmjdmary9317

Today at 6:51 AM
Mathematics

Answered

Inflation is running 1.1% per year when you deposit $5,000 in an account earning 4.4% compounded continuously. In constant dollars, how much money will you have 6 years from now?
a. $6439.80
b. $6097.01
c. $1169.51
d. $6510.64

Answer :

fenimalikicecream fenimalikicecream

Today at 6:55 AM

I think answer should be d. Please give me brainlest let me know if it’s correct or not okay thanks bye

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